Lanark-based Martin Aerospace will create jobs and buy state-of-the-art equipment with the loan finance from UKSE. Anne Clyde, area manager of UK Steel Enterprise, said: “Martin Aerospace is a perfect example of what can be achieved when an outdated business model is thoroughly analysed to identify strengths and opportunities for a new, more focused operation. We've worked with the firm since the outset and it's great to see business thriving and Martin Aerospace offering solid job prospects within Lanarkshire. “There is a very low labour turnover and a strong drive to promote staff internally – the current head of production control actually started with the company as an apprentice 10 years ago – and that's exactly the type of business we are dedicated to supporting.” Martin Aerospace has remained profitable and continued to grow over the past seven years and has become a strategic supplier for both Rolls-Royce and Patonair. With an order book amounting to £8m and long-term supply agreements in place, Martin Aerospace will use the latest instalment of UKSE cash to create 11 new jobs and extend its arsenal of machinery. www.martinaerospace.com
